7172021 assignment 2 attempt review

7/17/2021 Assignment - 2: Attempt review
Question
26
Complete
Mark 0.50 out of 0.50
Which of the following is the best example of an intermediate good or service?
Select one:
a. sunglasses worn on a summer vacation in Florida
b. legal services hired by a public accounting ±rm
c. any good bought by a household, rather than a ±rm
d. pizzas bought at a restaurant
14/16
Question
27
Complete
Select one:
Mark 0.50 out of 0.50
A movement upward and to the left along the money demand curve is caused by
Select one:


7/17/2021 Assignment - 2: Attempt review
Question
28
Complete
Mark 0.00 out of 0.50
A cartel's pro±t-maximizing price is
Select one:
15/16
Question
29
Complete
Select one:
Mark 0.50 out of 0.50
In deciding how much money to hold, you should compare the
Select one:


7/17/2021 Assignment - 2: Attempt review
Question
30
Complete
Mark 0.00 out of 0.50
Monopolistic competition is di²erent from perfect competition because monopolistic competitors produce
Select one:
a. a homogeneous but unique product
b. di²erentiated products
c. unique products
d. a homogeneous product
16/16
 

